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Business, 08.10.2019 19:00 hayleylatti8691
Indicate whether each of the following statements is true, false, or uncertain and explain why: a. a proportional tax on all commodities including leisure is equivalent to a lump sum tax. b. efficiency is maximized when all commodities are taxed at the same rate. c. average cost pricing for a natural monopoly allows the enterprise to break even, but the outcome is inefficient
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Indicate whether each of the following statements is true, false, or uncertain and explain why: a. a...
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